METALIGHT (02605) announced that on March 9, 2026, Wuhan Yuanguang, an associated consolidated entity controlled by the company through contractual arrangements, Guangzhou Angel Mother Fund, and Yueheruicheng (each acting as a limited partner) entered into a partnership agreement with Chuangxiang Times Investment (acting as the general partner) to establish a partnership enterprise. The total capital commitment from all partners of the partnership is RMB 101.1 million, of which Wuhan Yuanguang has committed RMB 40 million. The partnership will primarily invest in artificial intelligence-related sectors within the digital economy. To maintain its leading edge in temporal intelligence technology, the company continuously pursues research and innovation in AI-related fields and is dedicated to applying the latest AI research findings to its online products. The newly established fund will be highly focused on core and cutting-edge areas of artificial intelligence, which aligns closely with the company's strategic focus on AI as a core direction. This forward-looking investment initiative will also serve as a vital channel for Wuhan Yuanguang to gain insights into emerging technology trends and access early-stage innovation ecosystems. The collaboration aims to achieve both sustainable financial returns and deep strategic synergies. Financially, the fund seeks to deliver superior returns to investors by investing in innovative companies with high growth potential. The group intends to fund the partnership's investment using its own capital; the board of directors has carefully considered the potential impact of this investment on the group's cash flow and daily operations and believes that, based on current information, the investment is not expected to have a materially adverse effect on the group's liquidity or routine operations. Furthermore, on a strategic level, the fund will support Yuanguang in strengthening, extending, and complementing its core business expansions—such as in autonomous driving and AI education—through forward-looking investment analysis and project identification, systematically building long-term competitive advantages. This strategic alignment is likely to foster deep business cooperation and mutual progress. Companies in the AI sector that the fund invests in are expected to complement and collaborate with Wuhan Yuanguang in multiple aspects, such as through advanced algorithmic tools, innovative vertical scenario solutions, or novel business model references. Such business interactions can not only provide portfolio companies with crucial scenario validation and commercialization opportunities but may also help Wuhan Yuanguang accelerate related technology iterations, enrich its product portfolio, and expand application boundaries, thereby further enhancing overall business competitiveness. Through this cooperative mechanism, Wuhan Yuanguang will, while obtaining financial returns, continuously gain insights into frontier technologies, business development momentum, and ecosystem synergies, achieving a comprehensive enhancement of strategic value.